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LouiLow
Feb 13, 2017 3:00 AM

USO to breakout above US$11.50 amid potential breakout in crude  Long

United States Oil FundArca

Description

As the crude oil price is still trending within the uptrend channel, we expect it is poise for a breakout towards the US$60-US$62 levels.

Comment

Crude oil is getting more interest after the recent OPEC news, monitor for the sideways consolidation breakout above US$11.60 on this ETF
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